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20121108
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
cliff would, in the short term, drive the u.s. economy back into recession and push the unemployment rate up to 9.1% by the end of the fourth quarter next year. the report also projects that after the initial shock, growth would return and the unemployment rate would shrink to 5.5%, but not until 2018. house speaker john boehner yesterday remained steadfast in his position on raising taxes. >> i remain optimistic we're going to be able to find common ground avoid this fiscal cliff and find a way to work together. >> by when? january 1st? >> i would hope so. >> the president is talking about specific increases. he campaigned on specific increases and tax rates from 35% to 39% for those making more than $250,000. so is that on the table right now? >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about? >> i made clear -- >> to have the wealthier americans pitch in. >> -- that raising tax rates is unacceptable. frankly, it couldn't pass the house. >> you will talk about it even if it's the wrong approach. >> of
and public spending cuts to be introduced which would slow growth for the u.s. economy. so that -- putting some pressure now on the politicians to get their act together here. just one word for knows who are in the market, wondering what happens here. we've seen four major declines like this on the day after presidential elections in the u.s. since 1928. and in those four cases, the markets subsequently traded higher over the following four years. maybe a crump of comfort for those who are long and wrong on the trade from yesterday. >> geoff cutmore in london. thanks so much. if you need to know where the focus is already, look at the front pages of the paper. the "wall street journal" "focus moves to the fiscal cliff." "the new york times" "back to work, obama greeted by looming fiscal crisis." the "financial times," this morning, rex ryan wins? a new players poll that ranks him as the most overrated coach. his two quarterbacks recently received similar honors. steven colbert can barely drag himself out of bed after the election. we'll get a report o from richard engel on how the rest of
need some balance in our lives. but the economy needs the shoppers. >> whatever. thanks. still ahead on "way too early," steelers get a big win in overtime but what's the cost? well, big ben goes down with a serious shoulder injury. we'll have those highlights coming up next. >>> and in light of the petraeus scandal, steven colbert mayes his own shocking admission. that story and a check on weather when "way too early" comes back. >>> good evening. i'm here tonight to announce my inen it shun to seek the republican nomination for president of the united states. hi, i'm amy for downy unstopables in-wash scent boosters, here with my favorite new intern, jimmy. mmm! fresh! and it's been in the closet for 12 weeks! unbelievable! unstopables! i'll show you how! ♪ just shake them into the washer i can't believe this lasts 12 weeks! neither can they. so you're going on tour to prove it. downy unstopables. follow jimmy's unstopables tour on youtube. fire bad! just have to fire roast these tomatoes. do you churn your own butter too? what? this is going to give you a head start on your dinne
Search Results 0 to 5 of about 6 (some duplicates have been removed)